Browsing: Altech UEC

News
Altron to report surge in earnings

Altron’s turnaround under CEO Mteto Nyati is gathering a head of steam. The JSE-listed technology group expects interim headline earnings from continuing operations to surge by as much as 52%.

News
Altron to finalise asset sales

Altron, the JSE-listed group that is repositioning itself exclusively as an ICT sector player as part of a turnaround plan, will finalise the disposal of non-core assets by the end of its 2018 financial year. Group CEO Mteto Nyati

Marian Shinn
Set-top box report must be made public

Communications minister Ayanda Dlodlo must release the report arising from the investigation into the procurement process for the state-sponsored set-top box procurement process in the light of the publication

News
Altron to pursue acquisitions

JSE-listed Altron, now under the leadership of former MTN South Africa CEO Mteto Nyati, will pursue acquisitions to bolster its capability in four areas Nyati has identified as key to the technology group’s future growth. Nyati, speaking to TechCentral

News
Venters to take a back seat at Altron

Robbie Venter, 56, is likely to step down as Altron’s CEO at the end of February, or soon thereafter, handing the reins to a non-family member for the first time in its storied, 51-year history. First, though, Venter – the son of Altron founder Bill

News
Altron plunges deep into the red

Significant losses at Altech Multimedia and Powertech will contribute to a dismal set of full-year results at technology and industrial group Altron. The group cautioned shareholders on Friday afternoon that although its Altron TMT

News
Altron looking for buyers for UEC

Altron is actively pursuing a sale of its set-top box manufacturing business, Altech UEC, TechCentral has established reliably from two well-placed sources. The group, which is disposing of noncore assets in a restructuring process that will see it focus on its

In-depth
Altron’s year of expensive lessons

JSE-listed technology group Altron will in future be a significantly smaller business focused on the IT and telecommunications industries as it sheds non-core assets and loss-making businesses, especially in the legacy power infrastructure side of its business. Robbie Venter has resolved

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